The following table sets out remuneration paid to directors and senior executives of the Consolidated Entity from Annual report 27th October, 2011
Stephen Graves, Executive Chairman = $487,012 Frank Petruzzelli, Non-Executive Director = $125,413 Chris Ritchie, Financial Controller = $154,674 Chris Bowyer, Secretary = $64,166 Frank Brophy, Non-Executive Director = $55,000
My observation being that the company's management team are receiving a fair return for their effort in advancing this company, I would have thought that they all would not just be able, but have a desire to invest some of their own hard earned from the company's coffers back into the future of the company that they serve.
Two directors in another small cap oil producer saw fit to do this the last week or so at attractive prices, and spend $2mil each for a total of $4mil.
So all I'm asking of GGP management is why are you all not adding some dollars into the working capital with a placement to management at these low share prices?
GGP Price at posting:
1.9¢ Sentiment: None Disclosure: Held
